(similar to) HW Score: 65 68% 57.14 of 67 points O Points: 0 of Save All-Star...

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(similar to) HW Score: 65 68% 57.14 of 67 points O Points: 0 of Save All-Star Fender uses a standard cost system and provide the following information (Click the icon to view the information) All-Star Fender allocates manufacturing overhead to p overhead $6,200, actual fixed overhead $29,000, actual direct labor hours, 410 o production based on standard direct labor hours Al-Star Fender reported the following actual results for 2018 actual number of fenders produced 20,000 actuall Read the timents Requirement 1. Compute the overhead variances for the year variable overhead cost variance, varable overhead efficiency variance, Begin with the variable overhead cost and efficiency variances. Select the required formulas, compute the variable everhead cost (You may need to simply the formule based on the data provided Abbreviations used AC actual cost AQ actual quantity FOH Variance VOH cost variance VOH efficiency variance Requirements Formula 1. Compute the overhead variances for the year variable overhead cost variance, variable overhead efficiency variance fixed overhead cost variance and fixed overhead volume variance 2. Explain why the variances are favorable or unfavorable Data table fed overhead cist variance, and feed evade variance ed overhead SC standard cest SQ sanded dency variances, and identify whether each vance is feat Static bidget variable overhead Static budget fleed overhead Static budget diet labor hours Static budget mumber of units Standand direct labor hours $4.600 $23.04 5 hours 24.000 0824 hours per fender ty VON A Jear all Check answer (similar to) HW Score: 65 68% 57.14 of 67 points O Points: 0 of Save All-Star Fender uses a standard cost system and provide the following information (Click the icon to view the information) All-Star Fender allocates manufacturing overhead to p overhead $6,200, actual fixed overhead $29,000, actual direct labor hours, 410 o production based on standard direct labor hours Al-Star Fender reported the following actual results for 2018 actual number of fenders produced 20,000 actuall Read the timents Requirement 1. Compute the overhead variances for the year variable overhead cost variance, varable overhead efficiency variance, Begin with the variable overhead cost and efficiency variances. Select the required formulas, compute the variable everhead cost (You may need to simply the formule based on the data provided Abbreviations used AC actual cost AQ actual quantity FOH Variance VOH cost variance VOH efficiency variance Requirements Formula 1. Compute the overhead variances for the year variable overhead cost variance, variable overhead efficiency variance fixed overhead cost variance and fixed overhead volume variance 2. Explain why the variances are favorable or unfavorable Data table fed overhead cist variance, and feed evade variance ed overhead SC standard cest SQ sanded dency variances, and identify whether each vance is feat Static bidget variable overhead Static budget fleed overhead Static budget diet labor hours Static budget mumber of units Standand direct labor hours $4.600 $23.04 5 hours 24.000 0824 hours per fender ty VON A Jear all Check answer